April is often celebrated as the best month for the stock market – but this did not prove to be true in 2023. While markets began April on a positive footing, inflation data showed core inflation remaining sticky. Optimism fell away and global markets ended the month in negative territory.
In his latest market review, Kevin Quinn, Chief Investment Strategist, shares his view of asset classes performance in April and provides his analysis of the five key return drivers of this performance:
- Core inflation overtakes the headline.
- Company earnings expectations flatten out.
- Tech to the top again.
- Recession risks still persist.
- China takes to the stage.
Click here to read Kevin Quinn’s latest monthly market update.